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20130131
Search Results 0 to 8 of about 9 (some duplicates have been removed)
internet speed spark an economic boom? tennessee is banking on it. a genius plan hopes to get business flocking to the city. the mayor joins us in another fox business exclusive to explain how. mama mia, frozen pizzas poisen for your body? one says yes, suing nestle and california pizza kitchen for $5 million. can she win? even when they say it's not, it's always about "money. ♪ so this is the top story tonight. shocking new allegations of bribery in a huge $18 billion lawsuit against chevron. an ecuadorian coward ordered the massive set length for damage done by drilling done by texaco later bought by chevron. the judge says he was paid half a million dollars to issue the statement against chevron. he has evidence to prove it, and here's the lead attorney in the case and former deputy mayor of new york city. this is very confusing. lay out the details for people. basically, the judge who issued the ruling saying chevron owed $18 billion says he was paid half a million dollars to have the settlement? >> that's close. it was a former judge whose come forward to say that he was ghost w
florida and new hampshire nevada south dakota tennessee texas washington and royal bank. all have state --
tennessee governor, phil bredesen, from the fix the debt committee. douglas holtz-eakin formerly of the cbo and evan bayh, former senator and fox news contributor. wow what a power panel. i hardly know where to start. phil, you think it is appalling we gotten this far. why? >> i just think play games, the political games with the faith and credit of the united states is a crazy position to be in. like playing with fireworks and playing with matches in a fireworks factory or something. i understand the need to deal with entitlements and to reduce costs on that but there are other ways of doing that. there is the whole sequester thing coming up down the road. i just think it is crazy for the congress to be messing around with brinkmanship on this particular issue. melissa: doug, how serious is it to hit the debt ceiling? what really happens? do we suddenly default? do we stop paying certain parties? what happens? >> this is --. melissa: i'm sorry. i said that to doug real quick. >> okay. >> i mean i would say two things. first, have to point out there is lot of uncertainty in these projection
republican standpoint going to consumption based taxes makes sense. it has been done in tennessee. they don't have a income tax. it has been done in texas and florida. australia, new zealand did it about 15 or 20 years ago. they had an economic bonanza. there is pretty good evidence that these kind of tax reforms do work. melissa: liberals always argue it is incredibly regressive. hitting a sales tax you're discouraging people from consuming and taking the poorest people and taxing them at the same rate as the wealthiest. it is very regressive as opposed to those people that caa afford to pay more. how do you respond to liberals that say things like that? >> i would disagree, because most states, melissa, likes ours have exemptions for things like food, medicine, other essentials. it is not regressive for those who spend a lot of their disposable income on those things. they will not pay a tax. most states have exemptions like that. it is probably unfair to say that. melissa: governor, thanks for coming on. we appreciate your time. >> okay. thanks, melissa. melissa: major league baseball ta
golfers and nevada a tennessee and washington where there is no state tax. melissa: they need warm weather to play golf year-round. a lot of places that would treat them a lot better. you mentioned texas and florida. one of the things he said strike as nerve with a lot of people he happens to be in a zone targeted both federally and by the state. you know it doesn't work for me right now. i am going to have to make some changes. as people see their federal tax rate go up. you can't do anything about that unless you are willing to leave the country and renounce your citizenship. you have to take a big step. we saw folks on facebook going public, some of those folks talking about leaving going to singapore. when you look at professional athlete, the one thing they do have control over what state they live in. and i wonder if you think, for example when someone is getting drafted and they're deciding do i want to play for 49ers or play for a team in florida or texas? you've been in the sports business for a long time. do you think that people would make decisions about what team they would go
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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